Case study one.
A development team sells a five unit in echo park.
1806-1814 Montana Street
Los Angeles, CA 90026
Sold for $3,070,000. This was a record price for an Echo Park apartment building, which the highest price per unit and square foot that the area had seen.
Our team BRE Investment effectively marketed this unique property, which had no similar sold comparables to support our numbers, and helped the developer finalized the disposition of this project.
The partners cashed out and moved on to other development projects on the Eastside.
The problem we solved: "It can't sell for over $3m... it'll never happen."